Tether signed a memorandum of understanding with the Nairobi Securities Exchange to explore tokenized securities, blockchain-based market infrastructure and the potential use of USDt (USDT) as a settlement layer.<\/p>\n
Tether said<\/a> in a Tuesday announcement that the memorandum outlines plans to explore blockchain-based market infrastructure, digital asset education and real-world asset tokenization, including the potential use of its Hadron tokenization platform for issuing and trading tokenized securities.<\/p>\n The memorandum also calls for the parties to assess instant settlement mechanisms and the potential use of USDT as a digital settlement infrastructure layer, where permitted under Kenyan regulations.<\/p>\n The agreement comes as tokenized real-world assets (RWAs) continue to gain traction. The sector\u2019s onchain value has grown to about $36.8 billion, excluding stablecoins, according to RWA.xyz<\/a>.<\/p>\n RWA.xyz separately tracks nearly $298 billion in stablecoins, which some market participants also consider RWAs because they represent claims on offchain reserve assets. USDT, with a market capitalization of roughly $184 billion, is the world\u2019s largest stablecoin.<\/p>\n Related: <\/strong><\/em>RWAs become Hyperliquid\u2019s largest trading category<\/strong><\/em><\/a><\/p>\n